Sprott Physical Platinum and Palladium Trust
SPPP
30 hedge funds and large institutions have $37.8M invested in Sprott Physical Platinum and Palladium Trust in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 4 closing their positions.
0.9% more ownership
Funds ownership: 22.67% → 23.57% (+0.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 32 → 30 (-2)
13% less capital invested
Capital invested by funds: $43.5M → $37.8M (-$5.64M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$713K |
| 2 |
Jane Street
New York
|
+$328K |
| 3 |
PWP
Private Wealth Partners
Mill Valley,
California
|
+$311K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$30.7K |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$24.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$735K |
| 3 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
-$543K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$166K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$123K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $4K | – | – | – |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $4K | – | – | – |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| $4K | +$4.09K | +500 | New |
|
|
AIG
29
American International Group
New York
| $1.63K | -$14.7K | -1,800 | -89% |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
EPIM
31
Equinox Partners Investment Management
Stamford,
Connecticut
| – | -$543K | -67,513 | Closed |
|
|
BRWA
32
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$81K | -10,000 | Closed |
|
33
Creative Planning
Overland Park,
Kansas
| – | -$19K | -2,300 | Closed |
|
|
ED
34
Exane Derivatives
Paris,
France
| – | -$89 | -11 | Closed |
|
SPPP Hedge Fund Activity: Q2 2015 in Review
30 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Platinum and Palladium Trust (SPPP) for Q2 2015, worth a combined $37.8M — down 13% from $43.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SPPP and 2 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 5 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $713K. The largest seller was Virtu Financial, cutting an estimated $2.3M.
- 30 institutional investors held Sprott Physical Platinum and Palladium Trust (SPPP) as of Q2 2015, down from 32 in Q1 2015.
- Funds reported $37.8M of Sprott Physical Platinum and Palladium Trust stock for Q2 2015, down 13% quarter-over-quarter.
- 2 funds opened new Sprott Physical Platinum and Palladium Trust positions in Q2 2015 and 4 closed out, a net change of -2 holders.
- The largest Sprott Physical Platinum and Palladium Trust buyer in Q2 2015 was Polar Asset Management Partners, an estimated $713K added.
- The largest Sprott Physical Platinum and Palladium Trust seller in Q2 2015 was Virtu Financial, an estimated $2.3M sold.
Based on aggregated 13F filings for Q2 2015.